The Financial Accounting & Reporting Assistant Manager is responsible for overseeing and preparing the Bank's various reporting requirements, including monthly and quarterly management reports, regulatory Bank Call Reports, quarterly earning press releases, and the Bank's Annual Report and supports the Financial Reporting Manager. In addition, this position performs financial analysis in such areas as security investments, loan accounting, lease accounting, and reviewing operational performance.... more details Strong analytical, verbal and written skills are required along with strong attention to detail. Must be a self-starter, motivated individual that can work in a fast paced and ever changing environment.
Essential Duties
. Financial Reporting Assist in preparing the Bank's Annual Report (Annual Financial Disclosure)Responsible for keeping current with new financial reporting requirements, which include research, communication with impacted information owners, and preparation of documentation for review by management. Oversee and prepare management reports, including calculating various financial and statistical ratios for the monthly Board Report package. Responsible for overseeing and preparing the quarterly Bank Call Report Audit Liaison Assist the Financial Reporting Manager ("FRM") with coordinating the Bank's internal and external financial audits and model validations with Bank auditors, external auditors and third party consultants. Assist staff members in their preparation of schedules as part of the Bank's external financial audit and regulatory audit. Assist Financial Reporting manager with coordinating Internal Audit exams and requests, Safety & Soundness Exams, and any other external audits of the Finance & Accounting Department Accounting Operations Assist the FRM in overseeing the Bank's accounting and reporting of loans and related allowance for credit losses (ACL), leases and the security investment securities portfolio. Assist in the Bank's Allowance of Credit Losses calculation and related analysis. Assist in the Bank's annual budgeting process Establish and maintain relevant policy and procedures; includes updating current policies and writing new policies, if necessary Staff Management Supervise, assist, and train staff members to ensure all tasks and duties are cross trained, and completed in an accurate and timely manner. Review staff members' monthly general ledger reconciliations for accuracy and completeness. Initiate process improvements to streamline existing tasks Ad-hoc Analysis and Projects Assist other F&AD department managers in various special projects and duties as needed. Validate data and analyze fluctuations for reasonableness. Create standard system reports. Create ad hoc queries in connection with various financial analysis/reports Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements. Acts as the control point for the office to ensure that all CIP, BSA, OFAC requirements, procedures and time frames are met. Basic Knowledge, Skills and Abilities. Strong verbal & written communication skills. Customer service skills. Telephone skills. Problem resolution skills. Clear understanding of the English language Officer Title Eligibility. For qualified positions, the Bank may designate an Officer Title to an employee who seeks and/or meets defined competencies for an eligible position. This position qualifies for the officer title(s) Assistant Vice President, Vice President. Equipment Operated. Telephone. Desk top computers. Standard office equipment (copiers, fax machines)
